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Mixed-Use Property with Endcap Patio
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900 3RD Street SE Unit 400, Cedar Rapids, IA 52401

First-floor commercial suites front 3rd St. SE within a 2025 mixed-use project.

Space SizeContact for details
Days on Market510

Property Features for 900 3RD Street SE Unit 400

General Information

Standard status Active
Lease Term []

Space & Availability

Floor 1
Space Use Restaurant

Additional Details

TI Allowance $10 /SF
End Cap Yes
Patio Yes

Amenities

outdoor patio

Building Details

Year Built 2025
Tenancy Multi
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs
Source: Cbhrealty
Added: Apr 7, 2025 Changed: Aug 28 Last Checked: Aug 29 at 11:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL

Investment Insights

Based on property information with market context.

Loftus is a 2025 mixed-use project at 900 3rd Street SE in Cedar Rapids, with flexible commercial suites on the first floor. The south end-cap includes an outdoor patio, and the development is planned with 183 market-rate apartments.

The property fronts 3rd St. SE in the NewBo neighborhood, where amenities are within walking distance. Commercial space is offered within a larger residential setting that combines street-facing suites with apartment activity above.

Key Highlights

  • First‑floor commercial suites with flexible sizing
  • South end‑cap space includes an outdoor patio
  • Development planned with 183 market‑rate apartments

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,597
Businesses Nearby

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial suites front 3rd St. SE within a 2025 mixed-use project.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 400 Cedar Rapids, IA.
What are key features of this property?
This property features: First‑floor commercial suites with flexible sizing; South end‑cap space includes an outdoor patio; Development planned with 183 market‑rate apartments
More about this property
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